By TOM AYERS Local Xpress

SYDNEY – The Port of Sydney Development Corp. is financially self-sustaining, if the costs for business development are excluded, says CEO Marlene Usher.

In an interview Friday, Usher clarified the port’s finances, saying the investments being made to attract new business to Sydney Harbour, including a possible container terminal, are being made with funds left over from the harbour dredging project in 2012.

“When I joined the port (last year), they were self-sustainable, before I joined it,” Usher said.

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